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QUESTION 22 Williams Company reports production costs for 2020 as follows: Direct materials used Direct labor incurred Factory overhead incurred Operating Expenses $345,000 250.000 400,000

image text in transcribed QUESTION 22 Williams Company reports production costs for 2020 as follows: Direct materials used Direct labor incurred Factory overhead incurred Operating Expenses $345,000 250.000 400,000 175,000 Williams Company's product costs for 2020 amount to: a. 995,000 b. 920,000 c. 825,000 d. 770,000

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